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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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AUDUSD holding above long term ascending support! Further push up expected!

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Trading Recommendation

Entry: 0.70259

Reason for Entry: Ascending trendline support

Take Profit: 0.70513

Reason for Take Profit: -27.2% Fibonacci retracement

Stop Loss: 0.70191

Reason for Stop Loss: 23.6% Fibonacci retracement, moving average support

The material has been provided by InstaForex Company - www.instaforex.com